Free Trial

JPMorgan Global Emerg Mkts (LON:JEMI) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

JPMorgan Global Emerg Mkts logo with Financial Services background

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 133.50 ($1.73) and traded as high as GBX 136 ($1.76). JPMorgan Global Emerg Mkts shares last traded at GBX 133.50 ($1.73), with a volume of 477,611 shares trading hands.

JPMorgan Global Emerg Mkts Stock Up 0.8 %

The firm has a 50-day moving average of GBX 133.47 and a two-hundred day moving average of GBX 134.12. The stock has a market capitalization of £395.03 million and a price-to-earnings ratio of -3,337.50.

JPMorgan Global Emerg Mkts Increases Dividend

The business also recently declared a dividend, which was paid on Friday, October 18th. Stockholders of record on Thursday, September 12th were issued a dividend of GBX 2.40 ($0.03) per share. This is a boost from JPMorgan Global Emerg Mkts's previous dividend of $1.00. This represents a dividend yield of 1.83%. The ex-dividend date was Thursday, September 12th. JPMorgan Global Emerg Mkts's payout ratio is currently -12,500.00%.

Insider Activity at JPMorgan Global Emerg Mkts

In other news, insider Lucy Macdonald purchased 15,000 shares of the stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average price of GBX 126 ($1.63) per share, with a total value of £18,900 ($24,510.44). Insiders own 3.65% of the company's stock.

About JPMorgan Global Emerg Mkts

(Get Free Report)

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.

Featured Stories

Should you invest $1,000 in JPMorgan Global Emerg Mkts right now?

Before you consider JPMorgan Global Emerg Mkts, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JPMorgan Global Emerg Mkts wasn't on the list.

While JPMorgan Global Emerg Mkts currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines